Mike Young to present at RIU Explorers Conference, page-103

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Jaat308

2,653 Posts.

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22/02/21

10:43

Post #: 51206914
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Originally posted by Aqua65: ↑

I’m absolutely certain that any raising would not be at substantial discount to shareprice . And would be wise , for clear movement forward for the company .
(Also likely be double + , probably triple of any funds sought - oversubscribed x multiples)

And the shareprice often never dips to a CR price - in many important companies lately .
Even when they raise to takeover a mine & are only a developer ! ( aka - CYM raise , AIS during the year . Many others )

The shareprice - Jumps ! As the news is so bullish .
Particularly due to the quality of some of the investors who end up putting in funds .

Can be one respected entity turns up to offer all and any funds that can best set the company moving up and forwards to production or commercialisation .
Eg you get a major partner on the books or significant fund or investor . David Williams recently in stocks held and Gina Rinehart interests . Andrew Forrest of course .
Vimy already has notable cornerstone substantial holder/ holders who may well have the connections or desire to see VMY fully funded through the next years until into production.
* The Board usually gets further strengthened as company moves forward also .
The Board is already strong.

I say again- poster should ask for his post to be removed .
Elsewise I hope readers who might have been frightened or believed the trollop , will see overall situation of Vimy & forwards from here - more clearly .

** VMY is actually under- valued.
Right now if investors including larger entities wanted shares - the only way to get them is to buy on market .

No one should be posturing to tell people to sell into more knowledgable (value) investors hands .

All the best.

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spot on

VMY Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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